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book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

النسخة 13الرقم المعياري الدولي: 978-0538452281
book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

النسخة 13الرقم المعياري الدولي: 978-0538452281
تمرين 3
"In a price-taker market, if a business operator produces efficiently-that is, if the cost of producing the good is minimized-the operator will be able to make at least a normal profit." True or false? Explain.
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False.
Cost minimizing (or profit maxim...

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Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney
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